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California Department of Insurance

News Story
10/4/2013
Posted by Mark Reback
Possibly setting up a clash over health insurance regulation, Sen. Ted Gaines, R-Rocklin, announced Thursday that he will run for California insurance commissioner next year. Gaines won a new Senate term in 2012, which means he is not up for re-election until 2016 and can seek statewide office next year without risking the Senate seat. Gaines...
News Release
4/29/2013
Posted by Mark Reback
Santa Monica, CA -- Mercury Insurance Company’s latest attempt to escape responsibility for overcharging tens of thousands of California motorists has been rejected by the courts. Facing hundreds of millions of dollars in fines in an administrative proceeding now being prosecuted by the California Department of Insurance, Mercury had asked...
News Story
4/4/2013
Posted by Mark Reback
The California insurance department has called on Consumer Watchdog to help review health insurance rates increases following Commissioner Dave Jones' censure of Anthem Blue Cross L&H Insurance Co.'s small-group rate increases, the Los Angeles Times reported April 3. The insurance department and Consumer Watchdog inked a one-year...
News Release
3/7/2013
Posted by Carmen Balber
Washington, DC and Santa Monica, CA – Blue Shield of California will impose an unreasonable rate hike as high as 19.9% on 268,000 Californians because the state’s insurance commissioner does not have the power to reject unjustified health insurance premiums. Senator Dianne Feinstein and Representative Jan Schakowsky introduced...
News Story
3/6/2013
Posted by Mark Reback
The California insurance commissioner Tuesday said he would defend in court his decision to require Mercury Insurance Co., to reduce its homeowners-insurance rates in the state effective in June. The suit is the latest in a string of enforcement actions, voter initiatives, and court challenges pitting Mercury General and its chairman, George...
News Release
3/5/2013
Posted by Carmen Balber
Santa Monica, CA – Mercury Insurance, which provides homeowners insurance for about 270,000 Californians, has refused to implement an 8% rate decrease ordered by California Insurance Commissioner Dave Jones and filed a lawsuit to challenge the decision.  Last month, Jones approved a decision by state Administrative Law Judge Kristin L....
News Story
3/5/2013
Posted by Mark Reback
Mercury, which had sought a 7.3% increase, responds by filing a lawsuit seeking to block Insurance Commissioner Dave Jones' ruling. SACRAMENTO — State regulators have ordered Mercury General Corp. to cut its homeowners insurance rates by 8.2%, instead of the increase in premiums that the company had sought. As a result, the Los Angeles...
Legal Update
1/29/2013
Posted by Laura Antonini
Mercury Insurance – the company that California regulators say “has a deserved reputation for abusing its customers and intentionally violating the law with arrogance and indifference” – is infamous for playing every angle in its effort to avoid accountability for cheating its customers. Mercury has spent tens of millions...
News Story
11/29/2012
Posted by Daniel Palay
California health insurers are proposing double-digit rate increases for hundreds of thousands of policyholders, drawing criticism that health insurers are padding their profits as the nation prepares to carry out the federal health care law. Anthem Blue Cross, the state's largest for-profit health insurer, wants to raise rates an...